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Finance committee approves year-end and midyear transfers to close FY24-25 books
Summary
The Norwalk Board of Education Finance Committee approved FY24-25 year-end transfers and July–August FY25-26 adjustments, citing special-education deficits, staffing recoding and a $1.5 million city allocation that restored some positions; the district awaits $3 million from the state.
The Norwalk Board of Education Finance Committee voted Sept. 10 to approve a package of year-end (FY24-25) transfers and July–August FY25-26 budget adjustments intended to clear account deficits and align staffing and program codes.
Chair Sherry McCready Pritchett opened the meeting and said the committee would consider the transfers together; a motion and second were made and the chair stated, “that motion is passed.” The transcript records no roll-call tally.
Budget Director Kristen Karsmit described the transfers as routine year-end cleanups that bring accounts to…
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